Edition:
United Kingdom

Ashmore Group PLC (ASHM.L)

ASHM.L on London Stock Exchange

377.20GBp
18 Jan 2019
Change (% chg)

5.60 (+1.51%)
Prev Close
371.60
Open
373.60
Day's High
381.40
Day's Low
373.00
Volume
681,795
Avg. Vol
883,903
52-wk High
441.60
52-wk Low
334.60

Latest Key Developments (Source: Significant Developments)

Ashmore Group FY pretax profit 191.3 mln stg
Friday, 7 Sep 2018 

Sept 7 (Reuters) - Ashmore Group PLC ::SAYS BROAD-BASED GROWTH IN ASSETS UNDER MANAGEMENT, +26% YOY FROM US$58.7 BILLION TO US$73.9 BILLION.SAYS DIVERSIFIED CLIENT DEMAND DELIVERED RECORD GROSS SUBSCRIPTIONS OF US$30.0 BILLION, TWICE PRIOR YEAR LEVEL.SAYS RECORD NET INFLOWS OF US$16.9 BILLION, INCLUDING STRONG RETAIL DEMAND WITH +47% YOY GROWTH IN AUM.SAYS OPERATING REVENUES INCREASED +11% WITH 13% GROWTH IN NET MANAGEMENT FEES AND PERFORMANCE FEES OF £21.9 MILLION.SAYS COST DISCIPLINE MAINTAINED, GENERATING 14% GROWTH IN ADJUSTED EBITDA TO £183.6 MILLION.SAYS STATUTORY PROFIT BEFORE TAX OF £191.3 MILLION AND DILUTED EPS OF 21.3P.SAYS PROPOSED FINAL DIVIDEND PER SHARE OF 12.10P, GIVING TOTAL OF 16.65P FOR YEAR.SAYS COMBINATION OF ATTRACTIVE EMERGING MARKETS VALUATIONS WITH ASHMORE'S STRONG INVESTMENT TRACK RECORD AND UNDERWEIGHT INVESTOR ALLOCATIONS MEANS THAT OUTLOOK REMAINS POSITIVE.SAYS IN ORDER TO ENSURE CONTINUED ACCESS TO EU-BASED INSTITUTIONAL CLIENTS, SUBJECT TO REGULATORY APPROVAL ASHMORE IS IN PROCESS OF ESTABLISHING AN OFFICE IN IRELAND.SAYS TURKEY, ARGENTINA-DRIVEN CORRECTION IN ASSET PRICES HAS CREATED THE 'BEST ENTRY POINT FOR SEVERAL YEARS'.  Full Article

UPDATE 1-UK Stocks-Factors to watch on Jan 15

Jan 15 - Britain's FTSE 100 index is seen opening 45 points higher at 6,900 on Tuesday, according to financial bookmakers with FTSE 100 futures up 0.69 percent ahead of the cash market open. * SAVILLS: UK-based real estate services provider Savills said on Tuesday it expected a decline in transaction volumes in some markets this year due to Brexit-related uncertainties. * ASHMORE: British emerging markets-focused asset manager Ashmore on Tuesday said net inflows of new client money more than off